Tue May 8, 2012, 11:21 AM

Question: Did the Greeced PIGS take their cue from Iceland?

That is what it feels like. Iceland showed the courage under threat of annihilation, to chase the austerity ghouls away. And are better for it.

Am I close? Will this cause an avalanche of advance? Or fail?

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8 replies	Author	Time	Post
Question: Did the Greeced PIGS take their cue from Iceland? (Original post)	WingDinger	May 2012	OP
I'm a bit confused by the title of your post	enlightenment	May 2012	#1
Pigs, are portugal, Ireland, Greece and Spain. commonly referred to as PIGS.	WingDinger	May 2012	#4
Thank you.	enlightenment	May 2012	#7
Iceland accepted IMF austerity measures in exchange for billions of dollars.	hack89	May 2012	#2
You are mixing apples and oranges.	former9thward	May 2012	#3
So then, Greece/France will get the credit for bucking the system?	WingDinger	May 2012	#5
It depends on the results.	former9thward	May 2012	#6
One thing is sure	edhopper	May 2012	#8

Response to WingDinger (Original post)

Tue May 8, 2012, 11:46 AM

enlightenment (6,223 posts)

1. I'm a bit confused by the title of your post

Are you referring to the people of Greece? Is that some sort of acronym?

Because it looks both out-of-context for the topic - and rude.

Could you please explain what you mean by "Greeced PIGS" ?

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Response to enlightenment (Reply #1)

Tue May 8, 2012, 11:57 AM

WingDinger (3,690 posts)

4. Pigs, are portugal, Ireland, Greece and Spain. commonly referred to as PIGS.

All were slated to endure Romney like dismantling. Greece, and now likely many others, us included, will shun radical austerity. And I allude to Iceland creating the blueprint. And emboldening others to buck the IMF system of whole country impoverishment.

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Response to WingDinger (Reply #4)

Tue May 8, 2012, 04:55 PM

enlightenment (6,223 posts)

7. Thank you.

I had not seen that use of the acronym - and combined with 'greeced' (and I realize now what you were doing with that) it looked rather rude.

Thank you again for the explanation.

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Response to WingDinger (Original post)

Tue May 8, 2012, 11:52 AM

hack89 (21,222 posts)

2. Iceland accepted IMF austerity measures in exchange for billions of dollars.

I don't know where this Iceland nonsense is coming from but their situation was drastically different then Greece's. For one thing, what triggered their crisis was domestic banks not massive sovereign debt like Greece. Iceland actually had the money to service their debt unlike Greece.

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Response to WingDinger (Original post)

Tue May 8, 2012, 11:56 AM

former9thward (6,360 posts)